Asian markets mostly weaker; Thai baht, Korean won biggest laggards

ASIAN currencies and equities were largely subdued on Friday, with Thailand's baht and South Korean won leading declines, as increasing scepticism over whether the U.S. Federal Reserve is done with interest rate hikes kept risk appetite in check.

The baht depreciated as much as 0.5% to its lowest level since Nov. 16. The unit reversed last week's gains to lose nearly 1% in value so far this week.